US Code / 2018 US Code / Title 12. Banks and Banking / Chapter 13. National Housing / Subchapter VII. Insurance for Investments in Rental Housing for Families of Moderate Income / 12 U.S. Code §1747j. Taxation of real property

12 U.S. Code §1747j. Taxation of real property

Section Text

Nothing in this subchapter shall be construed to exempt any real property acquired and held by the Secretary under this subchapter from taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed.

Editorial Notes

AMENDMENTS 1967—Pub. L. 90–19 substituted "Secretary" for "Commissioner". 1950—Act Apr. 20, 1950, substituted "Commissioner" for "Administrator" wherever appearing.

Citation

12 U.S.C. § 1747j (2018)